Mayor Sadiq Khan invites embattled AI firm Anthropic to expand in London
The letter from London’s mayor came as the US moved to designate the company a supply chain risk.
Category: Business
There’s an inflation wave coming – what does the Iran war mean for the UK economy?
Economic consequences are an intrinsic aspect of the Iran conflict, writes BBC economics editor Faisal Islam.
Lenders lift mortgage rates as Iran war hits borrowing costs
Nationwide, HSBC and Coventry Building Society are all putting some mortgage rates up.
Heating oil costs ‘worrying’ for rural residents
The price of heating oil has risen amid the Middle East conflict, hitting many in rural areas.
US eases sanctions on Russian oil sales to India during Iran conflict
Treasury Secretary Scott Bessent gives India a 30-day waiver to buy Russian crude as a “stop gap measure”.
TfL hack in 2024 affected around 10 million people, BBC can reveal
TfL insists it has “kept customers informed throughout this incident and will continue to take all necessary action”.
US trade court orders tariff refunds in setback for Trump administration
A trade court has cleared the way for businesses to receive refunds for tariffs that the Supreme Court struck down…
‘Most of my pension has gone on home heating oil’
Rising heating oil prices are hitting Northern Ireland harder than the rest of the UK – here’s everything you need…
Oil price at two-year high after Qatar warns all Gulf production could stop within days
Energy Minister Saad al-Kaabi says oil could hit $150 a barrel if the Iran conflict continues over the coming weeks.
Flight paths squeezed as Iran conflict closes more airspace
A drone attack on Azerbaijan has narrowed choices for airlines scrambling to respond to disruption in the Gulf.